Purchasing a home or investment property is often the most significant financial decision you’ll ever make. That’s why it’s crucial to understand how the real estate market operates.

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If you’re new to property buying, you may not be familiar with buyer’s agents (also known as buyer’s advocates). Similar to selling agents who assist vendors, a buyer’s agent is a licensed professional who represents you - the purchaser. Their role involves researching properties, assessing fair value, and negotiating to secure the best possible deal. Their expertise helps ensure you make an informed decision and avoid overpaying.

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Buyer’s agents can offer either full or partial services to help you find the ideal property. Full service means the buyer’s agent manages the entire process for you, which includes:

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• A ‘wish list’ analysis to understand your requirements to determine your ‘needs’ versus ‘wants’

• Search available listings

• Inspect and short-list suitable properties

• Evaluate recent sales data and provide a written appraisal

• Negotiate the property purchase price and terms

• Oversee the contracts and exchange

• Oversee and arrange due diligence such as building inspections, pest, survey and engineering reports

• Pre-settlement inspections

• Settlement Asset/property management/leasing

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